ATTENTION FLIPPERS: This Condo Townhouse Is A Great Spring Flip

aaronmoore

Frequent Forum Member
REIN Member
Who's looking for a great fix & flip opportunity? This one is in a hot area in Downtown Toronto. Townhouses are in high demand right now. And condos are easier reno projects since there isn’t much exterior work to do. This one is a winner!

SUMMARY:
- LOCATION: King St W & Shaw St (Downtown Toronto)
- PURCHASE PRICE: $789,900 Or Best Offer
- AFTER REPAIR VALUE: $970k is what a house with exact same sqft just sold for around the corner.
- CLOSING: April 15 (This is an assignment sale.)
- TYPE: 2 Storey, Stacked Townhouse, Upper Unit, Condo
- BEDS/BATHS: 2 Bed/2.5 Bath
- PARKING: 1 Underground Parking Space
- SQFT: 1310 sqft
- AGE: 1988 Built
- CONDO FEE: $702
- PROPERTY TAX: $3610.21

RENOVATIONS NEEDED:
- The house is dated and needs to be updated.
- There was a bathroom leak a while back and damage from that. Some Drywall has been removed. Work was done to clean up and remove moisture and any potential mould.
- Some junk and furniture removal.
- Please take a look at the pictures to see what you'd like to renovate.

GOOD NEWS:
- Condos are easier to renovate than freehold.
- Townhouses are in high demand, compared to high-rise condos.

PICTURES are here: https://www.housedealsgta.ca/property/big-discount-on-a-condo-townhouse-in-downtown-toronto/
 
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